By Peter Garnry India looks like the next China in terms of growth, infrastructure investments, market reforms, technology IPOs and subsequent returns for shareholders, and urbanisation. Indian equities have been one of the best equity markets over the past 20 years growing earnings 10% annualised and we believe this trend will continue over the next 10 years with extraordinary returns for investors. But India’s huge growth and […]
By James M Dorsey Javed Ahmad Ghamidi is a rare clerical voice in Pakistan. A prominent religious scholar and former member of the state-appointed Council of Islamic Ideology that ensures that legislation conforms with Islamic law, Mr. Ghamidi calls a spade a spade in a country in which that can have dire consequences. To be sure, Mr. Ghamidi can do so because he is no longer resident […]
By James M Dorsey Long banned, Christmas has finally, at least tacitly, arrived in Saudi Arabia; just don’t use the name in marketing or be ostentatious about your tree. Coffeeshops serving beverages in red cups with snowflakes on them are ok. So is the sale of soap bars named ‘Tis the Season and Vanilla Bean Noel. Christmas trees that sell at up to US$3,000 a piece are slightly […]